fixed charge meaning

• Noun: fixed charge  fikst chaa(r)j
  1. A periodic charge that does not vary with business volume (as insurance or rent or mortgage payments etc.)
     - fixed cost, fixed costs

  Derived forms: fixed charges

  Type of: charge

  Encyclopedia: Fixed charge

• 
  [Economics]
  = specific charge

  A charge in which a creditor has the right to have a specific asset sold and applied to the repayment of a debt if the debtor defaults on any payments. The debtor is not at liberty to deal with the asset without the charge-holder's consent.

  Compare:

  floating charge.

• 
  [Law]
  See CHARGE.

• fixed-charge coverage ratio:    [Finance]A measure ...
• fixed-charge-coverage ratio:    [Economics]= inter ...
• fixed:    Adjective: fixed&n ...

Examples

1. do you pay your landlord a fixed charge for heating
2. how to distinguish floating charge from fixed charge in english case law
3. fixed charge cover
4. a fixed charge or tax for a privilege, especially for passage across a bridge or along a road
5. Dabhol's fixed charge to MSEB will therefore soar.